F.4 Econ_Book 2 Chapter 8_I_20230111

Which of the following is a private enterprise?

• A. Tak Sun Secondary School

• B. Water Supplies Department

• C. Cafe de Coral

• D. Hong Kong Airport Authority

Which of the following is a feature of a government department?

• A. It is financially independent of the government.

• B. The ownership can be transferred freely.

• C. It is incorporated by statute.

• D. It is managed by the government.

The Hong Kong Fire Services Department (香港消防處) is

(1) a public enterprise.

(2) a public corporation.

(3) operated by the government.

• A. (1) only

• B. (1) and (3) only

• C. (2) and (3) only

• D. All of the above

Which of the following is NOT an example of Public Corporation?

• Hong Kong Airport Authority (HKAA)

• Urban Renewal Authority (URA)

• Mandatory Provident Fund Schemes Authority (MPFA)

• MTR Corporation

Which of the following is advantage of providing services by a public corporation instead of private company?

• Provide stable services at a lower price

• More difficult to get loan from bank

• More difficult to get information from government for decision making.

• Less flexible decision making